Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.046%
Price spread now: Polymarket Perps against HTX−0.051%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.051%, 7d avg −0.118%
=The price spread pays, funding is against you. Polymarket Perps is 0.067% dearer against HTX than usual: you sell high and buy low (spread −0.051% now, against its 7-day average of −0.118%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.023% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,346.8 | 0.0424 | pay 0.0212% / 4h | 3h 07m | $2.8M | $4.6M | 75x |
| Short | Polymarket Perps GOLD-USD | 4,344.6 | 0.0204 | get 0.0025% / 1h | 7m 20s | $4.2M | $2.0M | 20x |
HTX XAU-USDT
Polymarket Perps GOLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$46.27
- Price spread: −0.051% → −0.118%
- $6.74
- Slippage, 4 orders
- −$0.59
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$60.12
- Costs to cover
- 0.206%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; Polymarket Perps: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 2 min ago | 0.01 bp | 6.0 bp −$6 | 8.7 bp −$87 | 16.9 bp −$1,688 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 0.12 bp | 4.1 bp −$4 | 5.2 bp −$52 | 6.0 bp −$604 | doesn't fit |
XAU on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0005% | 1h | 4,338.1 | −0.199% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,349.3 | +0.057% | $92K | $8.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,340.9 | −0.136% | $272K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,345.1 | −0.038% | $3.7M | $12.5M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,340.9 | −0.136% | $13.2M | $37.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.083% | $619 | $54 | 52x | as long as short |
| Hotstuff GOLD-PERP | +0.0040% | 1h | 4,341.5 | −0.122% | $33K | — | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,345.3 | −0.035% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,344.1 | −0.062% | $5.6M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,377.4 | +0.704% | — | $1.0M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Hotstuff GOLD-PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,341.6 | −0.120% | $293.7M | $49.1M | 25x | as long as short |
| Bybit XAUUSDT | +0.0050% | 4h | 4,346 | −0.019% | $80.1M | $151.9M | 150x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,341.5 | −0.122% | $15.0M | $56.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0052% | 24h | 4,341.9 | −0.113% | $4.3M | $37.4M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,344.2 | −0.060% | $20.7M | $34.8M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,341.7 | −0.117% | $2.1M | $4.7M | 25x | as long as short |
| Gate XAU_USDT | +0.0062% | 4h | 4,346.2 | −0.015% | $268.5M | $418.8M | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0065% | 8h | 4,344.7 | −0.047% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,346.7 | −0.003% | $20.2M | $40.1M | 25x | as long as short |
| Aster XAUUSD1 | +0.0096% | 4h | 4,346 | −0.018% | $71.5M | $331.5M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,340.9 | −0.136% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,340.4 | −0.147% | $274K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0105% | 4h | 4,342.7 | −0.095% | $48.4M | $27.5M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,343.9 | −0.066% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,344.8 | −0.045% | $370.8M | $321.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0120% | 4h | 4,345 | −0.041% | $418.7M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0135% | 4h | 4,340 | −0.156% | $30.2M | $57.9M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,342 | −0.110% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0154% | 4h | 4,343.9 | −0.067% | $1.4M | $2.9M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0188% | 1h | 4,343.3 | −0.081% | $204K | $826K | 25x | as long as short |
| Polymarket Perps GOLD-USDshort | +0.0204% | 1h | 4,344.6 | −0.051% | $4.2M | $2.0M | 20x | |
| Bullet GOLD-USD | +0.0206% | 1h | 4,344.8 | −0.046% | $59K | $82K | 10x | as long as short |
| Phemex XAUUSDT | +0.0218% | 4h | 4,347.6 | +0.017% | $2.2M | $967K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,341.8 | −0.116% | $590K | $135K | 25x | as long as short |
| Bitget XAUUSDT | +0.0274% | 4h | 4,345.5 | −0.030% | $71.1M | $108.8M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0329% | 8h | 4,346.2 | −0.014% | $167.2M | $283.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0360% | 4h | 4,345 | −0.041% | $15.7M | $4.4M | 100x | as long as short |
| HTX XAU-USDTlong | +0.0424% | 4h | 4,346.8 | long leg | $2.8M | $4.6M | 75x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,344.8 | −0.045% | $250K | — | 111x | as long as short |
tradeXYZ xyz:GOLD
Bybit XAUUSDT
Ondo Perps XAU-USD.P
Kalshi KXGOLDPERP
Lighter XAU
Coinbase International GOLD-PERP-INTX
Gate XAU_USDT
Paradex XAU-USD-PERP
Lighter RH XAU
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]